Skybus throttles back on growth
Airline weighs fuel costs, recession in its plans to cut and add flights
Thursday, March 13, 2008 3:19 AM
By Amy Saunders and Marla Matzer Rose
THE COLUMBUS DISPATCH
Skybus Airlines is slowing its rate of expansion and will cut flights because of rising fuel costs and fears of a recession.
But the Columbus-based airline said it will add some flights, too, when it announces plans within two weeks for service beginning in August.
With oil prices trading at times above $110 a barrel — and some experts predicting that it will pass $120 — “It doesn’t take a rocket scientist to figure out that growing as aggressively as we wanted to grow isn’t particularly wise,” said Bill Diffenderffer, Skybus chief executive.